To attract more small investors to its stock, Nintendo proposed a 10-for-1 stock split.
Each share of common stock will be divided into 10 shares as of October 1 of this year as a result of the action.
To increase the liquidity of the gaming giant's shares, shareholders have been requesting a stock split.
The Switch console sold 23.06 million units overall in the most recent fiscal year, down from 28.83 million, according to the company.
The price per share of its stock was $455 before the split was announced.
The corporation with its headquarters in Kyoto recently disclosed plans to repurchase shares for $432.9 million.
Japanese investors now find it simpler to invest in Nintendo, thanks to the company's stock split.
For American investors, the stock split doesn't change all that much.
The stock split by Nintendo has drawn criticism from some experts.
There is no minimum investment amount for Nintendo in the OTC market.